The BG Group Business Principles define how we operate and express our core values and behaviours. We believe that operating in accordance with our Business Principles is essential for sustainable performance and long-term value creation.

The Business Principles apply to all BG Group people. They define our standards of ethical conduct and set out the standards we commit to for environmental protection and for our relationships with employees and communities. We measure ourselves against these standards, and keep our performance under continuous review.

For more information on how we work with stakeholders, see Stakeholder engagement.

BG Group has made the Business Principles the foundation of decision-making throughout its businesses.

The importance of our Business Principles is reflected within the performance-related component of our employees remuneration. Awards under our Annual Incentive Scheme include a weighting for individual performance in relation to Health, Safety and Environment performance and behaviours. The Principles also shape our investment decisions, in addition to economic criteria. Where significant investment proposals include environmental, social or human rights risks, they are reviewed by the Board Sustainability Committee before final decision. We do not pursue opportunities where it is clear that we would be unable to work in accordance with our Business Principles.

Our industry changes constantly and stakeholder expectations evolve continually. Given this dynamic background, it is important to ensure our Business Principles do not remain static. For this reason, they are overseen and reviewed annually at
BG Group Board level by the Sustainability Committee.

BG Group's Business Principles

Conduct

• We act with integrity, fairness and transparency
• We comply with legal, regulatory and licence requirements
• We do not tolerate corruption in any form, whether direct or indirect
• Our investment criteria take account of economic returns, environmental impacts, social consequences and human rights
• High standards of corporate governance are integral to the way we manage our business

Our People

• We treat people with fairness, respect and decency
• We help employees develop their potential
• We believe that all injuries are preventable
• We provide healthy, safe and secure work environments

Society

• We work to ensure that neighbouring communities benefit from our presence on an enduring basis
• We listen to neighbouring communities and take account of their interests
• We support human rights within our areas of influence

Environment

• We make a positive contribution to the protection of the environment
• We go beyond compliance with local environmental regulation to meet internationally accepted best practice
• We reduce to the minimum practicable any adverse effects of our operations on the environment